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Silver Age Marvels and DCs Rule in Pedigree's Grand Auction

Posted on 10/9/2012

From 569 CGC-certified comic books available, more than 90% were sold by the end of the auction. Sales topped $679,000, and with post-auction deals still in the works, the total number is expected to exceed $700,000.

The results are in from Pedigree Comics' recent Grand Auction. The auction began on Saturday, Sept. 22 and ended the night of Tuesday, Oct. 2. It was held in in the separate Grand Auction section of their website (www.PedigreeComics.com).

According to Pedigree Comics’ president and CEO, Doug Schmell, “The auction was a great success. We were happy to see many new bidders in the auction, collectors who had just recently found our site. Marvels led the way with many record sales, particularly early Silver Age Marvels in 9.6 and higher, but there was plenty of bidding on 9.2s and 9.4s, as well. There was a new consignment of Stan Lee-signed CGC Signature Series Marvels that sold briskly, plus we had a great consignment of Silver Age DCs in the auction that did very well, with the early Justice Leagues selling at record prices."

Here are just a few of the highlights from the September Grand Auction:

If you have high-grade, CGC-certified comic books to sell or consign, do yourself a favor and contact Pedigree Comics. Pedigree is now accepting consignments for their next Grand Auction, scheduled to begin on Sunday, Nov. 4, 2012, and last for 10 days until the night of Wednesday, Nov. 14, 2012. The auction will feature ultra–high-grade Marvels and DCs, plus much more investment-quality items. The sooner you consign your books, the more exposure they will receive. Pedigree aggressively promotes and advertises each auction and sends periodic newsletters announcing auction items to their 18,000+ customers.

Please check the Pedigree Comics website and the CGC boards in the next few weeks for the latest news and additions to the November Grand Auction. Here are just some of the initial consignments:

Pedigree will continue to accept consignments for the auction until midnight on Tuesday, Nov. 6, so check the site and get your books in now. Read the information below for consignment instructions.

Pedigree Comics’ CEO and president, Doug Schmell, invites you to take advantage of Pedigree’s many outstanding services. Consignors maximize their profits selling in the Grand Auction — more so than on any other auction site or auction house. Pedigree does not charge a Buyer's Premium, an amount that most bidders take into consideration when bidding in other sites (the bidders simply deduct the Buyer's Premium amount — usually 20% of the winning price — from their final bid, meaning less $$ to the consignor and more to the auction site). The higher the value of your book(s) that sell in a Grand Auction, the more $$ you take home under Pedigree Comics’ Climbing Scale, as follows:

A Climbing Scale is in effect for consigned items with a winning bid as follows:

10% commission for any consigned item that sells for up to $10,000 (consignor’s proceeds = 90% of the final bid price);

9% commission for any consigned item that sells for more than $10,000 and up to $25,000 (consignor’s proceeds = 91% of the final bid price);

8% commission for any consigned item that sells for more than $25,000 and up to $50,000 (consignor’s proceeds = 92% of the final bid price);

6% commission for any consigned item that sells for more than $50,000 and up to $100,000 (consignor’s proceeds = 94% of the final bid price);

5% commission for any consigned item that sells for more than $100,000 (consignor’s proceeds = 95% of the final bid price);

Pedigree Comics consistently sets new sales records for Golden Age, Silver Age and Bronze Age comic books and magazines in each of their bimonthly auctions, and they do not saturate the market with the same material each month. Grand Auctions are unique and exciting, with brand-new, CGC-certified and diversified, highest-quality material in each event. Why take home less $$ and settle for less by consigning with someone else?

There are three easy ways to consign your books to any of Pedigree’s upcoming Grand Auctions. The only criteria is that the books must be CGC-graded and worth no less than $100.00. If you have high-grade raw books that you want to have certified and sold in a Grand Auction, you can utilize Pedigree’s Raw To Riches Consignment Service, in which they will have your books certified under their account and will lay out all the CGC grading fees in advance for you (refer to the website and their ad in the Overstreet Comic Book Price Guide for details of the Raw to Riches Consignment Service). If you'd like to consign, please adhere to the following:

1. Ship your books directly to the Pedigree offices in Wellington, FL. They will inventory, scan and upload each book into the November Grand Auction listing. The books will be listed under your personal account and you will receive email notification at the conclusion of the auction with a list of every consigned book that sold along with the winning bid made.

2. Email the scans of the books you wish to consign directly to Pedigree at DougSchmell@pedigreecomics.com. They will format and upload each scan onto their server, and put each book into the Grand Auction listing. Please use a .jpeg format with the resolution set at 72 and the pixel width at 550 for optimal clarity. If you do not have a scanner, you can use a digital camera.

3. You can upload your own scans, item information, book descriptions and reserve amounts, if any, by utilizing their Automated Consignment System. Just register with the site (www.PedigreeComics.com) and log in, click the “Customer Page” tab under “Your Account” and then click “Consignments” (under the “Auctions” heading). You will then be able to enter the Pedigree Comics Consignment Management System and list your own CGC-certified books and magazines. Pedigree will receive an email once you have uploaded the scan and book information for each individual item into the system and they will then review the information imparted for accuracy. The item(s) will then be added to the November Grand Auction listing and will be available for bidding. You will be amazed how simple it is to use the Automated Consignment System.

If you have any questions or comments about the consignment process, any of the auction lots or about the Grand Auction in general, please contact Mr. Schmell at 561-422-1120 (office) or 561-596-9111 (mobile), or by email at DougSchmell@PedigreeComics.com. For any financial and consignment payment questions, please contact Pedigree's CFO Lisa Shapiro at Lisa@PedigreeComics.com. For any technical-related questions or concerns, please contact their webmaster at WebDesigner@PedigreeComics.com.

This is a guest article. The thoughts and opinions in this piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.